Cheap Apartments for Rent near Thayer, IN from $500 (42 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in Thayer.

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Read Article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Read Article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Read Article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Read Article
close
View Me
409 S Maple St
2 Bedroom Apartments

409 S Maple St

409 S Maple StKouts, IN 46347
close
View Me
Meadow Lane Apartments
1 to 2 Bedroom Apartments

Meadow Lane Apartments

2029 Meadow LnSchererville, IN 46375
  • Utilities Included
close
View Me
10029 Kennedy Ave
1 to 2 Bedroom Apartments

10029 Kennedy Ave

10029 Kennedy AveHighland, IN 46322
  • Utilities Included
close
View Me
1905 Austin Ave
2 Bedroom Apartments

1905 Austin Ave

1905 Austin AveSchererville, IN 46375
close
View Me
21746 Jeffrey
1 to 2 Bedroom Apartments

21746 Jeffrey

21746 S Jeffrey AveSauk Village, IL 60411

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

Read Article
Showing Results 1-42, Page 1 of 1

Thayer, IN Local Guide

Cheapest Available Thayer Apartments for Rent and Nearby

 

The cheapest available apartment rental in Thayer, IN is a Studio unit found at Crest Apartments in the University Park neighborhood priced from $800. The Ridge in the Liverpool neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $920. Here is today’s list of the most affordable Thayer apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Crest ApartmentsStudioStudio,1BA$800
The Ridge1Bed 1 Bath 720 - Willow1BR,1BA$920
Madison Cottage of Rensselaer1x11BR,1BA$970
Birchwood ApartmentsOne Bedroom1BR,1BA$990
Viewpointe Apartment HomesG- 2BD2BR,1BA$1,072
2045-2151 Meadow Ln1 Bed/1 Bath1BR,1BA$1,100
2100 N Main St1 Bed 1 Bath1BR,1BA$1,125
Crestview Apartments HomesD-1BR1BR,1BA$1,138
ST JAMES SENIOR APARTMENTS2 BED 1 BATH2BR,1BA$1,159
Harvest Grove Apartment Homes1BD-Small1BR,1BA$1,161

Best Value Apartments for Rent in Thayer, IN and Nearby

As of July 24, 2026 the best value apartment in the Thayer area is the $1.56 price per square foot Three Bedroom 2 Bath Model at Hills of Aberdeen Apartment Homes in the in the Porter County neighborhood starting from $2,095. The second greatest value Thayer apartment is the 2BR Model at Meadow Lane Apartments starting at $1,180 with a $1.14 price per square foot in the Liverpool neighborhood. Here is today’s list of the best values for Thayer apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Hills of Aberdeen Apartment HomesThree Bedroom 2 Bath3BR,2BA$1.56
Meadow Lane Apartments2BR2BR,1BA$1.14
ST JAMES SENIOR APARTMENTS2 BED 1 BATH2BR,1BA$1.25
Harvest Ridge Apartment Homes2X12BR,1BA$1.50
Tiberon Trails2x1E2BR,1BA$1.55
Viewpointe Apartment HomesJ-2 BD2BR,1BA$1.35
The Ridge2 Bed 2 Bath 851 - Poplar2BR,2BA$1.56
Madison Cottage of Rensselaer1x11BR,1BA$1.14
2100 N Main St1 Bed 1 Bath1BR,1BA$1.50
Birchwood ApartmentsOne Bedroom1BR,1BA$1.52

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

Read Article
Decorative image

Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

Read Article
Decorative image

Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

decorative image of people with a giant lease agreement

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Thayer, IN Rentals by Map

Decorative image of map

See the most popular apartments and homes in Thayer, IN

View Map
Thayer, IN Apartments Map
View Map
Thayer, IN Rental Homes Map

Frequently Asked Questions about Cheap Thayer Apartments

How much is rent for a Cheap One Bedroom Thayer Apartment?

The lowest price for a Cheap One Bedroom Thayer Apartment is $970 at Madison Cottage of Rensselaer.

What is the lowest price for a Cheap Two Bedroom Thayer Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Thayer is starting from $1,072 at Viewpointe Apartment Homes.

What is the most affordable Thayer Three Bedroom Apartment?

The best deal on a cheap Thayer Three Bedroom Apartment rental is at Madison Cottage of Rensselaer and starts from $1,367.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

decorative image for Rent According to Income: A Look at Income-Restricted Rentals article

Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention article

Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.